Takano Co.,Ltd. Announces Consolidated Earnings Results for the First Quarter Ended June 2020
August 07, 2020 at 02:00 am EDT
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Takano Co.,Ltd. announced consolidated earnings results for the first quarter ended June 2020. For the quarter the company reported Net sales of JPY 2,942 million as compared to JPY 5,200 million a year ago. Operating loss was JPY 579 million as compared to operating profit of JPY 172 million a year ago. Loss attributable to the owners of parent was JPY 393 million as compared to profit attributable to the owners of parent JPY 88 million a year ago. Loss per share was JPY 25.93 per share as compared to earnings per share of JPY 5.81 per share.
TAKANO CO.,Ltd. is a Japan-based company mainly engaged in the manufacture and sale of living related equipment, inspection and measurement equipment, industrial equipment and exterior products, as well as the sale of machine and tools. The Company operates through five business segments. The Living Related Equipment segment is mainly engaged in the manufacture and sale of office chairs, as well as chairs for medical and healthcare facilities. The Inspection and Measurement Equipment segment is mainly engaged in the manufacture and sale of atomic force microscope (AFM) equipment and film inspection equipment. The Industrial Equipment segment is mainly engaged in the manufacture and sale of solenoid actuators and unit components. The Exterior Product segment is mainly engaged in the manufacture and sale of flip-up gates, carports, terraces and awnings. The Machine and Tool segment is mainly engaged in the purchase and sale of machine and tools.